By  on December 22, 2016

NEW YORK — YogaSmoga’s lead investor is pushing to convert the brand’s Chapter 11 petition into a Chapter 7 liquidation.

The filing Thursday by Durga Capital and the Ravi Singh 2015 Family Trust in a Manhattan bankruptcy court shouldn’t come as a surprise. The two were part of a group of creditors that forced YogaSmoga into bankruptcy proceedings through an involuntary Chapter 7 petition in November.

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